Max Slippage values are predefined but may be subject to periodic reviews or adjustments by the platform. Users should regularly check the Contracts page for updates on max slippage values and category changes for individual symbols/contracts.
Tag: Flipster
Flipster is a cryptocurrency trading platform designed to make derivatives trading accessible and enjoyable for both new and seasoned traders. It offers perpetual futures listings, deep liquidity, and zero trading fees. Developed by Presto Labs, Asia’s largest quantitative trading firm, Flipster aims to provide a seamless and efficient trading experience.
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No, Max Slippage is a non-customizable parameter set by the platform to ensure consistent risk management practices across all users.
Close Custom Amount is a feature that allows users to partially close an open position, providing flexibility in managing their trades.
Close Custom Amount helps users manage market risk by reducing exposure and allows them to realize part of the profits while keeping the rest of the position open for potential further gains.
The closing price will be based on the Best Bid/Ask Price. Example: If the user is using Instant Flip for a Long position, the exit price will be the Best Bid Price.
No. The entry price of the position will remain the same.
Open interest decreases when a user closes a position.
Open Interest information can be found on the Contracts page.
Funding fees are periodic payments made between users holding long and short positions in a perpetual futures contract. These fees ensure the contract’s price closely tracks the underlying asset’s market price.
Funding fees are typically charged every 8 hours in perpetual swap contracts. However, the frequency can vary between contracts, so it is advisable to check the Contracts page for specific details.